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HUB24 Limited (ASX:HUB)

ALERT: Price-sensitive ASX Announcement for HUB
Current share price for HUB : $83.970 -25.49 (-23.29%)+
Announcement
Release
19 Aug 2025 8:18AM
Price at Release
$109.460
Full Release
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Summary
HUB24 Limited's FY25 Analyst and Investor Pack highlights significant financial growth, with operating revenue of $406.6 million and an underlying net profit after tax of $97.8 million, representing a 44% increase compared to FY24. This growth is driven by increases in Platform and Tech Solutions revenues, improved cost management, and strategic acquisitions. HUB24's Funds Under Administration grew to $136,375 million, with an increase in active advisers. The company maintained a 100% franking rate on dividends and achieved a 30% rise in basic underlying earnings per share. The effective tax rate decreased significantly, contributing to the enhanced profitability. HUB24 also announced strategic dates for its FY25 final dividend.
Key Points
  • HUB24's Group Financial Metrics showed a significant increase in operating revenue and net profit after tax.
  • The company experienced a growth in Funds Under Administration (FUA) and active advisers on the platform.
  • HUB24's Platform Revenue and Tech Solutions Revenue both increased, contributing to the overall revenue growth.
  • Underlying EBITDA rose substantially, with notable contributions from Platform and Tech Solutions segments.
  • The company's dividend per share increased, with 100% franking maintained.
  • Net assets per basic share and net tangible assets per share also saw an increase.
  • The effective tax rate showed a decrease, positively impacting net profit.
  • The company's strategic acquisitions and integrations, like those of Class, Xplore, and myprosperity, contributed to the growth.
  • HUB24 focused on cost management, resulting in an improved cost-to-income ratio.
  • The company outlined dates for the final dividend in FY25.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.